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Bosnia's Federation avg net salary rises 2.5% y/y in Aug

Bosnia's Federation avg net salary rises 2.5% y/y in Aug Bragin Alexey/Shutterstock.com

SARAJEVO (Bosnia and Herzegovina), October 16 (SeeNews) - The average net monthly salary in Bosnia's Federation increased by a real 2.5% year-on-year to 932 marka ($525.8/476.5 euro) in August, the entity's statistical office said on Wednesday.

On a monthly comparison basis, the average net monthly salary in the Federation fell by 0.7% in real terms in August, the Federation's statistical office said in a statement.

The average gross salary decreased by a real 0.7% on the month and rose by 2.6% on the year to 1,434 marka in August.

The Federation is one of two autonomous entities that make up Bosnia and Herzegovina. The other one is the Serb Republic.

(1 euro = 1.95583 marka)

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